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Banking in the Madison Area
Madison is the capital of and second-largest city in Wisconsin, named after Founding Father, James Madison, shortly after he died. The Madison metropolitan area is made up of six counties: Columbia, Dane, Green, Iowa, Rock, and Sauk, and has been routinely ranked as one of the best places to live in the United States, thanks in part to its low unemployment rate.
The Baraboo National Bank is the oldest active bank in the Madison area. It was established in 1857 — 11 years after Madison became incorporated as a village, and nine years after Wisconsin became a state. The Madison area is home to approximately 540 branches from more than 85 banks and 30 credit unions. Of those, there are 54 banks and 21 credit unions headquartered in the area. Notable financial institutions headquartered in the area include John Deere Financial, Summit Credit Union, AnchorBank, University Of Wisconsin Credit Union, and First Business Bank.